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As Lehman's Bankruptcy Bill Grows, Four Firms Advise on Estate's Acquisition of Archstone Stake
Irell and Kirkland Hit $145K Mark
In late 2005 and early 2006, increases in associate salaries hit the nation by storm, starting in Los Angeles and quickly spreading. Recent raises have been more like a trickle. But now, word has leaked that Irell & Manella, the Los Angeles firm that started the first raises in 2005, has matched the New York scale of $145,000, at least for its first-year associates. And Chicago-based Kirkland & Ellis confirms that it's upped its California offices to start at $145,000. When will other firms cave?Survey Says That, Anxieties Aside, Nearly All Am Law Summer Associate Stints Yielded Job Offers
Worries about the future of their chosen profession notwithstanding, nearly every second-year law student who spent the summer of 2012 at one of 21 large law firms polled by The Am Law Daily wound up being offered full-time employment.Google Avoids Another East Texas Trial
The folks at the search giant know East Texas pretty well. And while they're due to spend some more time there this spring, at least one scheduled trial against the company in Marshall has been called off, reports sibling publication The Am Law Litigation Daily.Trending Stories
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